"American Airlines Receives Bullish Upgrade from Citi Analyst"

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Source: Yahoo Finance
"American Airlines Receives Bullish Upgrade from Citi Analyst"
Photo: Yahoo Finance
TL;DR Summary

Citi analysts upgraded American Airlines shares to Buy from Neutral, raising the price target to $20 from $14, citing solid demand for premium cabin offerings and diversified revenue streams. The upgrade follows a strong earnings report and increased interest in first class tickets, indicating a potential recovery in business travel. Despite challenges in the airline industry, American Airlines and other airline stocks are showing signs of recovery.

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